STAG Industrial Inc
NYSE: STAG · REAL ESTATE · REIT - INDUSTRIAL
Updated 2026-06-05
STAG Industrial Inc (STAG) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | $229.73M | $220.12M | $509.04M | $624.51M | $1.01B | $1.27B | $1.63B | $1.91B | $2.19B | $2.68B | $3.10B | $4.16B | $4.69B | $5.83B | $6.18B | $6.28B | $6.83B | $7.21B |
| Cash & equivalents | — | $3.37M | $2.77M | $997000.00 | $16.50M | $19.01M | $6.69M | $23.88M | $12.01M | $12.19M | $24.56M | $7.97M | $9.04M | $15.67M | $18.98M | $25.88M | $20.74M | $36.28M | $14.91M |
| Current assets | — | $8.62M | $8.95M | $11.71M | $34.04M | $42.59M | $39.07M | $70.28M | $66.88M | $67.85M | $107.01M | $101.68M | $150.71M | $142.05M | $177.75M | $218.67M | $230.60M | $269.94M | $171.37M |
| Total liabilities | — | $223.17M | $221.64M | $265.66M | $314.61M | $515.66M | $595.72M | $737.79M | $1.05B | $1.12B | $1.27B | $1.43B | $1.80B | $1.92B | $2.44B | $2.73B | $2.84B | $3.30B | $3.54B |
| Current liabilities | — | $218.36M | $215.08M | $258.94M | $12.20M | $122.71M | $104.24M | $159.91M | $89.90M | $73.12M | $326.10M | $159.76M | $217.20M | $196.14M | $394.38M | $294.65M | $507.88M | $559.28M | $421.58M |
| Long-term debt | — | — | $212.13M | $202.74M | $287.91M | $479.69M | $556.09M | $507.22M | $934.95M | $1.01B | $904.00M | $1.23B | $1.52B | $1.64B | $1.94B | $2.32B | $2.22B | $2.62B | $2.99B |
| Shareholder equity | — | $6.56M | $-1.52M | $155.69M | $230.69M | $489.46M | $674.56M | $864.16M | $855.38M | $1.07B | $1.41B | $1.67B | $2.36B | $2.77B | $3.33B | $3.38B | $3.37B | $3.46B | $3.60B |
| Retained earnings | — | — | — | — | $-18.39M | $-61.02M | $-116.88M | $-203.24M | $-334.62M | $-410.98M | $-516.69M | $-584.98M | $-723.03M | $-742.07M | $-792.33M | $-876.14M | $-948.72M | $-1.03B | $-1.03B |
| Accounts receivable | — | $3.58M | $3.61M | $4.62M | $5.99M | $10.16M | $13.97M | $16.83M | $21.48M | $25.22M | $33.60M | $42.24M | $57.59M | $77.80M | $93.60M | $115.51M | $128.27M | $136.36M | $156.46M |
| Inventory | — | — | — | — | $10.60M | $10.20M | $12.27M | $6.91M | $8.39M | $9.61M | $23.48M | $14.57M | $45.84M | $5.12M | $4.21M | $-66.19M | $-50.42M | — | — |
| Goodwill | — | — | — | $4.02M | $4.92M | $4.92M | $4.92M | $0.00 | $276.27M | $4.90M | $4.90M | $342.01M | $4.90M | $4.90M | $4.90M | $4.90M | $4.90M | — | — |
Frequently asked questions
What is STAG Industrial Inc's revenue?
STAG Industrial Inc's trailing twelve-month revenue is $863.82M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is STAG?
In its most recent fiscal year, STAG ran a gross margin of 61.34%, an operating margin of 37.67%, and a net margin of 32.36%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does STAG generate?
STAG produced $401.81M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is STAG's balance sheet healthy?
STAG holds $14.91M in cash and equivalents against $2.99B in long-term debt, on $3.60B of shareholder equity. That debt is best read against the cash flow the business throws off each year.